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bob pisani on it, on the floor of the nyc. what's going on here, bob? >> two things, cyprus, and number two, global economic slowdown is the story today. take a look at the dow industrials. see that bottom around 2:00? we turned around when word came out that the cypriot government was creating a resolution process to wind down bad banks, and also, they're going to try to introduce a bill to protect depositors of up to 100,000 euros. that helped. global economic slowed down. transports were a major issue again today. and remember, we did see fedex week yesterday, weak again today. but others weak. like landstar and gatx. this was a big issue today. those stocks never really recovered here. multi-industry companies, here's the global slowdown. companies that work across many different platforms, many different countries were all down here today, 1, 2, or 3%. how about the home builders? a little disappointing, maria. existing home sales didn't break the psychologically important 5 million share mark. all were down today. kb home did have a very good earn
bob pisani on it, on the floor of the nyc. what's going on here, bob? >> two things, cyprus, and number two, global economic slowdown is the story today. take a look at the dow industrials. see that bottom around 2:00? we turned around when word came out that the cypriot government was creating a resolution process to wind down bad banks, and also, they're going to try to introduce a bill to protect depositors of up to 100,000 euros. that helped. global economic slowed down. transports...
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Mar 21, 2013
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bob mentioned oracle being a drag on techs. let's go up to the nasdaq where seema is following the big movers. >> i'll get to oracle in a second. take a look at apple. this stock continues to move in the opposite direction of the markets. i'm calling it the rebel in tech. yesterday we saw tech shares outperform, but apple did not participate in the rally. today we're seeing somewhat of a selloff in tech. and hey, take a look at apple. shares outperforming the pack, up about 1% on the day. gray wolf says i'd rather own apple than the s&p 500 at these levels. we'll continue to watch shares of apple. tech, one of the worst performing sectors on the day. oracle partly due to that. worrying investors on the street. a decline in software sales and subscriptions. jabil circuit, another loser after its forecasts were short of expectations and cisco lower on a downgrade. sue, back to you. >>> we're down 85 points now on the dow jones industrial average. perhaps some of that money is seeking the bond market. let's find out. rick santelli
bob mentioned oracle being a drag on techs. let's go up to the nasdaq where seema is following the big movers. >> i'll get to oracle in a second. take a look at apple. this stock continues to move in the opposite direction of the markets. i'm calling it the rebel in tech. yesterday we saw tech shares outperform, but apple did not participate in the rally. today we're seeing somewhat of a selloff in tech. and hey, take a look at apple. shares outperforming the pack, up about 1% on the day....
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our own bob beckel was one of those most upset. he joins us to explain why he's so mad and why he thinks this is so disrespectful and why he's not buying the network's excuse. >> i'm so outraged by this i can't believe it. cbs is idiotic, stupid, the idea they would-- don't blame it on young producers, if cbs can't do better than that, half the people go to a memorial where americans die, you ought to get off the network and take that show and shove it. >> growing anger today from some veterans groups over what critics perceive is a deeply anti-american moment on reality tv. it happened in the cbs show amazing race. this is a global competition in which the contestants race around the world and one recent stop took them to the heart of communist vietnam where they visited a so-called b-52 memorial. it's actually the wreckage of an american b-52 bomber that was shot down over hanoi in december of 1972. of the six crew members aboard that plane we believe four bailed out and became p.o.w.'s, the other two were listed as mia and presu
our own bob beckel was one of those most upset. he joins us to explain why he's so mad and why he thinks this is so disrespectful and why he's not buying the network's excuse. >> i'm so outraged by this i can't believe it. cbs is idiotic, stupid, the idea they would-- don't blame it on young producers, if cbs can't do better than that, half the people go to a memorial where americans die, you ought to get off the network and take that show and shove it. >> growing anger today from...
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texas rancher bob mccann says his herd is smaller than it used to be. >> it's going to be hard to rebuild the herd. >> reporter: curt mallory says it won't just impact american food costs but global supply. >> if anybody has a marginal or total crop failure, it's going to start impacting worldwide the availability of those commodities on the food shelf. it's that critical. i've never seen it in my lifetime. >> reporter: the national weather service isn't providing much hope. its new spring forecast calls for warmer than normal temperatures with little relief from the drought. for "nightly business report," jane wells, moore park, california. >>> and coming up, first smoking, then cholesterol levels. now one company is asking employees to weigh in. or pay up for health insurance. is it a motivation to get healthy or an invasion of privacy? first, though, let's attack a look at how the international markets finished the day. >>> we don't have to tell you the cost of health care is skyrocketing, especially for big companies providing coverage for thousands of workers. but there's a growing c
texas rancher bob mccann says his herd is smaller than it used to be. >> it's going to be hard to rebuild the herd. >> reporter: curt mallory says it won't just impact american food costs but global supply. >> if anybody has a marginal or total crop failure, it's going to start impacting worldwide the availability of those commodities on the food shelf. it's that critical. i've never seen it in my lifetime. >> reporter: the national weather service isn't providing much...
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Mar 21, 2013
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thank you very much, bob. >> smart move by america. ignore d.c. >>> overseas, anger is cyprus is growing as fast as the atm lines at the banks. nervous and frustrated citizens lining up to pull out their money. no one seems to know what the fate of cyprus and its banking system will be. all this as the ecb ramps up pressure. michelle caruso-cabrera is in the capital of nicosia. >> reporter: we're getting clarity about how they're going to resolve this crisis. there are protesters down the street. they wouldn't let them get close to parliament. they're mostly the workers at the weakest bank in this country. and it looks like increasingly the way they're going to come up with money to solve this problem is to shut down that very weak bad bank, move the good assets over to another bank. the workers that have gathered know they're going to lose their jobs if that's indeed what happens. more than 2,000 people. this has been a long process to arrive at this point. and as you mentioned, there had been all day long lines at the atms of the ban
thank you very much, bob. >> smart move by america. ignore d.c. >>> overseas, anger is cyprus is growing as fast as the atm lines at the banks. nervous and frustrated citizens lining up to pull out their money. no one seems to know what the fate of cyprus and its banking system will be. all this as the ecb ramps up pressure. michelle caruso-cabrera is in the capital of nicosia. >> reporter: we're getting clarity about how they're going to resolve this crisis. there are...
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the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem, a condition that puts him at greater risk for a stroke. [ gps ] turn left. i don't think so. [ male announcer ] for years, bob took warfarin, and made a monthly trip to the clinic to get his blood tested. but not anymore. bob's doctor recommended a different option: once-a-day xarelto®. xarelto® is the first and only once-a-day prescription blood thinner for patients with afib not caused by a heart valve problem, that doesn't require routine blood monitoring. like warfarin, xarelto® is proven effective to reduce the risk of an afib-related stroke. there is limited data on how these drugs compare when warfarin is well managed. no routine blood monitoring means bob can spend his extra time however he likes. new zealand! xarelto® is just one pill a day, taken with the evening meal. and with no dietary restrictions, bob can eat the healthy foods he likes. do not stop taking xarelto® r
the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem, a condition that puts him at greater risk for a stroke. [ gps ] turn left. i don't think so. [ male announcer ] for years, bob took warfarin, and made a monthly trip to the clinic to get his blood tested. but not anymore. bob's doctor recommended a different option: once-a-day xarelto®. xarelto® is the first and only once-a-day prescription blood thinner for patients with afib...
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Mar 21, 2013
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bob, so are you? >>> andrew is in the big easy speaking to the world's biggest merger and acquisition players. andrew, we were missing you the last hour. >> i swear i thought that was a bong. and we just had the cannabis guy. >> it is the hand grenade, new orleans's most powerful drink. >> a what? >> hand grenade. >> that's orange juice, right? >> no. we filled it with orange juice. >> i just told becky -- do you remember what you were asking me yesterday? do you remember that conversation we had? >> no. what are you talking about? >> you were talking about what does the morality clause in your contract actually stipulate? >> did you really ask him that? >> we did. >> we were joking. it was a joke. i can't believe you said that on television. >> why did you need to know on your way to new orleans what it actually stipulates? >> i thought he was lying. >> i wasn't. he asked me what does a morality clause actually -- >> hold on. you're not giving the full context to this conversation. >> let's just drop
bob, so are you? >>> andrew is in the big easy speaking to the world's biggest merger and acquisition players. andrew, we were missing you the last hour. >> i swear i thought that was a bong. and we just had the cannabis guy. >> it is the hand grenade, new orleans's most powerful drink. >> a what? >> hand grenade. >> that's orange juice, right? >> no. we filled it with orange juice. >> i just told becky -- do you remember what you were asking...
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but today bob massi has some invaluable advice for renters. that's next. >> brian: then think your woman is cheating or you have a cheating husband? she gets a billboard to get revenge. you'll see the ultimate revenge taken so everyone can see. hi, jennifer. hi,[ michael. >> steve: many americans want to own their own home. sometimes renting is the better option. so how can you make sure you're protected as a tenant against things like damage or foreclosure? fox news legal analyst and real estate expert bob massi is here with answers and joins us from vegas, baby. good morning to you. >> hey, steve. >> steve: first one, i've had this problem and maybe you can answer it. if you are a tenant, bob, and you signed a lease, what do you do to forget yourself as it relates to the condition of the house? the reason i mentioned it, i had this problem when i had a place on the upper east side of new york city. when i left, the guy who owned the place said, i'm not going to give you any of your money back, the security deposit, because the couch was dirt
but today bob massi has some invaluable advice for renters. that's next. >> brian: then think your woman is cheating or you have a cheating husband? she gets a billboard to get revenge. you'll see the ultimate revenge taken so everyone can see. hi, jennifer. hi,[ michael. >> steve: many americans want to own their own home. sometimes renting is the better option. so how can you make sure you're protected as a tenant against things like damage or foreclosure? fox news legal analyst...
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back to you. >> i like that one, bob. snh, november o snh, another one that yields 6%. >>> rick santelli is at the cme group in chicago. >> i want to read something. notice the markets moved a lot in the last ten minutes. interest rates down, ebb wits down. translation -- it is all about translation. the headline seems to read, russia deputy economy minister cyprus crisis not to be fixed soon to have serious consequences. it sounds a bit clumsy. i want to put an asterisk here. the market jumped to the worst possible interpretation. but, that is what's moving the markets. now, let's see how much. look at an intraday of 10-year, boom, it moved down rather dramatically. price rallied. bunds. bunds the same way. actually a little bit quicker. you open up the chart on bunds year to date, you can put this into perspective. everybody who thinks the safe harbor fixed income can only sell off, that isn't exactly the case. whether it is the one-off with cyprus. the arch ferdinand moment in history -- >> that's the spot. i can tell
back to you. >> i like that one, bob. snh, november o snh, another one that yields 6%. >>> rick santelli is at the cme group in chicago. >> i want to read something. notice the markets moved a lot in the last ten minutes. interest rates down, ebb wits down. translation -- it is all about translation. the headline seems to read, russia deputy economy minister cyprus crisis not to be fixed soon to have serious consequences. it sounds a bit clumsy. i want to put an asterisk...